Risk Management – Page 75
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News
Majority of motor insurers face challenges when offering UBI products – By Bits
The SaaS insurance platform’s founder and chief executive says most barriers can be ‘easily addressed’
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Features
New premium finance rules – what does it mean for the industry?
Brokers are going ’to have to change the way they do business’ around premium finance following the FCA’s pricing reforms, says insurance premium finance chief executive
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Features
Covid-19 creates new risks as staff return to the workplace
As the UK prepares for a return to the workplace, insurers are faced with demands from employers for advice on a range of emerging risks that will accompany the new normal post-pandemic
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News
Doncaster-based broker faces £15m ransomware attack
The firm’s IT team responded by shutting off the company’s servers, however the investigation has yet to reveal if any customer data has been impacted by the attack
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News
FOIL weighs in on new regulatory framework for draft Online Safety Bill
Insurers should ’consider the application of the Bill to insured technology companies providing regulated services from outside the UK’
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Features
Elizabeth Linder: Insurance firms must stay on top of unregulated social media
With more brokers and insurers using social media to widen their customer pool, ex-Facebook’s Elizabeth Linder discusses what firms need to be aware of
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Features
Briefing: London market innovation is crucial for combating climate change
Risk prevention is a core component within the insurance sector, making insurers and brokers perfectly placed to steer the work around climate change
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IT Interview
Google’s big plan to accelerate insurance sector’s data evolution
’Data analytics in the insurance industry is a game changing moment’ because it enables firms to ’connect information with levels of granularity’, according to Google’s Dr Henna Karna
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News
Short-term risk management focus signifies corporate ‘perception gap’ – Marsh
Broker chief executive emphasises that ‘resiliency is a journey that organisations need to prioritise’
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News
MGA takes on Biba-backed travel book
As part of the agreement, the MGA has also recruited a new senior underwriter
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Features
Matt Brewis: Brokers have a key role to play in providing clarity and data
FCA director says the regulator is ‘suffering’ and needs ’to have a new approach for how we operate in the future’
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IT Interview
Jaime Swindle: Effective trading versus efficiency will be a broker focus this year
As broking networks help their members combat the current climate’s challenges, the Covid-19 pandemic admittedly hasn’t been all bad, resulting in ‘a more forward-thinking industry’ says networks MD
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News
LexisNexis Risk Solutions partners with Mercedes-Benz
The agreement re-establishes the power of using advanced driver assistance systems for more personalised insurance
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News
Guidewire chief exec reveals key trends driving change in insurance
Speaking at Guidewire’s conference last week, its chief executive revealed key insurance trends as well as the launch of Cortina’s third release
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IT Interview
Combating surging cyber crime demands action from all claims parties – McLarens
Amid the uptick in Ransomware as a Service, ’keeping control of costs’ and ‘managing all stages in the cyber claim effectively is crucial’ says cyber and technology lead
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News
‘More work to do’ on business interruption cover as lockdown lifts
Within business interruption cover, its ’strengths have become its weakness’ in terms of flexibility says Allianz director
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News
Brokers are ‘absolutely crucial in the survival of SME businesses’ through pandemic
Regarding the Covid-linked business interruption claims debate, brokers were in ‘prime position’ to tell ‘the truth of the story’ said broker director
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News
Brokers must build ‘muscle memory’ to be ‘match fit’ for future grey swan events
Plus, brokers have moved away from the ‘old school thinking’ of ‘if you’re not present, you’re not productive’ when it comes to managing staff remotely
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News
Employment claims influx ahead following furlough scheme closure – ARAG
Rates in the employers practices liability insurance market were hardening prior to the pandemic – some non-specialist providers had already withdrawn
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Features
Briefing: Brokers’ risk management role is key in preventing ‘contentious’ cyber ransom payments
The recent Colonial Pipeline cyber attack should act as a ‘wake-up call’ for businesses to better prepare for this emerging risk – and brokers are fundamental in laying risk mitigation groundwork